Interest on a credit card?s unpaid balance is calculated using the average dailybalance. Suppose that netBalance is the balance shown in the bill, payment isthe payment made, d1 is the number of days in the billing cycle, and d2 isthe number of days payment is made before billing cycle. Then, the averagedaily balance is:averageDailyBalance ? ?netBalance d1 payment d2?=d1If the interest rate per month is, say, 0.0152, then the interest on theunpaid balance is:interest ? averageDailyBalance 0:0152Write a program that accepts as input netBalance, payment, d1, d2, andinterest rate per month. The program outputs the interest. Format youroutput to two decimal places.
This question was answered on: Oct 07, 2020Buy this answer for only: $15
This attachment is locked
Pay using PayPal (No PayPal account Required) or your credit card . All your purchases are securely protected by .
About this QuestionSTATUS
Oct 07, 2020EXPERT
GET INSTANT HELP/h4>
We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.
You can also use these solutions:
- As a reference for in-depth understanding of the subject.
- As a source of ideas / reasoning for your own research (if properly referenced)
- For editing and paraphrasing (check your institution's definition of plagiarism and recommended paraphrase).
NEW ASSIGNMENT HELP?
Order New Solution. Quick Turnaround
Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions. New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.
WE GUARANTEE, THAT YOUR PAPER WILL BE WRITTEN FROM SCRATCH AND WITHIN A DEADLINE.